Trade 1 analysis:
Apple beat its earnings handsomely. The bull put spread from yesterday would have earned 5% in a day. Pity I couldn't do it.
Ongoing spread trade:
The spread trade is moving on handsomely, with daily gain of $370 and total value of $5,601. It is at the center of the 139 mark that I set for SPY. If it stays there for another two days, more profits can be expected. However, it is bound to move lower after 2 days of gain. There in will come the downside protection. Lets see how that goes.
Apple beat its earnings handsomely. The bull put spread from yesterday would have earned 5% in a day. Pity I couldn't do it.
Ongoing spread trade:
The spread trade is moving on handsomely, with daily gain of $370 and total value of $5,601. It is at the center of the 139 mark that I set for SPY. If it stays there for another two days, more profits can be expected. However, it is bound to move lower after 2 days of gain. There in will come the downside protection. Lets see how that goes.
No comments:
Post a Comment